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Solaris Oilfield Infrastructure (FRA:68S) Scaled Net Operating Assets : 0.76 (As of Mar. 2024)


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What is Solaris Oilfield Infrastructure Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Solaris Oilfield Infrastructure's operating assets for the quarter that ended in Mar. 2024 was €417.4 Mil. Solaris Oilfield Infrastructure's operating liabilities for the quarter that ended in Mar. 2024 was €92.3 Mil. Solaris Oilfield Infrastructure's Total Assets for the quarter that ended in Dec. 2023 was €429.4 Mil. Therefore, Solaris Oilfield Infrastructure's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.76.


Solaris Oilfield Infrastructure Scaled Net Operating Assets Historical Data

The historical data trend for Solaris Oilfield Infrastructure's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Solaris Oilfield Infrastructure Scaled Net Operating Assets Chart

Solaris Oilfield Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.79 0.48 0.70 0.86 0.75

Solaris Oilfield Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.74 0.77 0.73 0.76

Competitive Comparison of Solaris Oilfield Infrastructure's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Solaris Oilfield Infrastructure's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solaris Oilfield Infrastructure's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Solaris Oilfield Infrastructure's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Solaris Oilfield Infrastructure's Scaled Net Operating Assets falls into.



Solaris Oilfield Infrastructure Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Solaris Oilfield Infrastructure's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(424.079-96.218)/436.672
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=429.428 - 5.349
=424.079

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=140.041 - 40.295 - 3.528
=96.218

Solaris Oilfield Infrastructure's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(417.354-92.302)/429.428
=0.76

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=420.504 - 3.15
=417.354

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=135.444 - 39.576 - 3.566
=92.302

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Solaris Oilfield Infrastructure Scaled Net Operating Assets Related Terms

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Solaris Oilfield Infrastructure (FRA:68S) Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. The company manufactures and provides its patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. Its systems reduce the customers' cost and time to complete wells by improving the efficiency of proppant logistics, in addition to enhancing well site safety. Its customers include oil and natural gas exploration and production companies as well as oilfield service companies. The company generates revenue primarily through the rental of its systems and related services, including transportation of systems and field supervision and support.

Solaris Oilfield Infrastructure (FRA:68S) Headlines

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